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CBS and Amazon Announce Digital Video Licensing Agreement
Wednesday, July 20, 2011 - 10:21am | 132CBS Corporation (NYSE: CBS.A and CBS) and Amazon.com (NASDAQ: AMZN) today announced a non-exclusive licensing agreement that will enable Amazon customers to stream television shows from CBS's vast library. Terms of the deal were not disclosed. Amazon Prime customers will be able to instantly watch...
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Netflix Takes Another Jab
Wednesday, July 20, 2011 - 10:21am | 133(TheStreet) -- The chips keep stacking higher against Netflix (NASDAQ: NFLX), with Amazon (NASDAQ: AMZN) announcing a streaming partnership with CBS (NYSE: CBS) on Wednesday. As part of the agreement, the e-commerce giant will allow Prime users to stream CBS' television content. The terms of the...
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CBS and Amazon Announce Digital Video Licensing Agreement
Wednesday, July 20, 2011 - 9:15am | 46CBS Corporation (NYSE: CBS.A and CBS) and Amazon.com (NASDAQ: AMZN) today announced a non-exclusive licensing agreement that will enable Amazon customers to stream television shows from CBS's vast library. Terms of the deal were not disclosed.
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Technology Companies Outshine Among Large Cap Growth Stocks
Tuesday, July 19, 2011 - 4:43pm | 97Large technology companies such as those in Nasdaq 100 (QQQ) (COMP) have been doing exceptionally well in the past five years. They out performed large[...more...] (COMP) (QQQQ) (AAPL) (ORCL) (MSFT) (GOOG) (INTC) (CSCO) (AMZN) (...
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Amazon.com Hits New 52-Week High at $218.33
Tuesday, July 19, 2011 - 2:13pm | 75Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Amazon (NASDAQ: AMZN) are hitting new 52-week highs. Traders...
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IBM: King of the Old-School Tech Giants
Tuesday, July 19, 2011 - 11:53am | 838By Michael Comeau Big Blue may not be the most exciting tech firm, but its Q2 earnings show it's a monster at making money in corporate IT. The investment world's gotten used to so-so results and a lack of excitement from old-school tech behemoths like Dell (NASDAQ: DELL), Hewlett-Packard (NYSE:...
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Goldman Sachs Suggests Buying Straddles on Netflix
Tuesday, July 19, 2011 - 9:20am | 160Goldman Sachs is out with a research note this morning, where it suggests that traders buy straddles on Netflix (NASDAQ: NFLX) ahead of earnings. The analysts noted that NFLX August straddles are not pricing in the typical volatility they have seen on earnings day. Over the past 8 quarters, NFLX...
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Wedbush Reiterates Underperform on Netflix, Raises PT to $100
Tuesday, July 19, 2011 - 9:17am | 52Wedbush reiterated its Underperform rating on Netflix (NASDAQ: NFLX). At the same time, Wedbush raised its price target on the company's stock from $80 to $100. On Monday, NFLX closed the day at $279. Its shares added 1.53% to their value in today's pre-market trading to stand around $283.26.
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Wedbush Raises PT On Netflix To $100
Tuesday, July 19, 2011 - 7:33am | 25Wedbush has raised the price target on Netflix (NASDAQ: NFLX) from $80 to $100 and maintains its Undperform rating.
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Oppenheimer Raises PT On Netflix To $360
Tuesday, July 19, 2011 - 7:22am | 25Oppenheimer has raised the price target on Netflix (NASDAQ: NFLX) from $280 to $360 and maintains its Outperform rating.
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Mad Money Lightning Round: Cramer Likes MarkWest Energy Partners
Tuesday, July 19, 2011 - 2:42am | 286On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Sonic Automotive (NYSE: SAH) is a “great buy.” He added, “AutoZone (NYSE: AZO) has been great, Carmax (NYSE: KMX) has been great and Sonic Automotive is good, too. I think they're fabulous investments." For TIBCO Software (...
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Navistar's PARTSMART Parts to Be Sold via Amazon.com
Monday, July 18, 2011 - 4:45pm | 276Navistar Parts (NYSE: NAV) to offer customers the option to order PARTSMART truck and bus parts, leveraging the infrastructure of e-commerce giant Amazon.com (NASDAQ: AMZN). “Amazon.com is a known, trusted online retailer that will help us connect with customers on a whole new level,” said Patti...
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6 Breakout Plays in a Sea of Red
Monday, July 18, 2011 - 11:35am | 224After the huge ramp up we saw in to Friday's close, it looked like we were setting up nicely for a potential rally this week, but if Monday is any indication of what lies for the week ahead, then it could be a royal disaster for the bulls out there. However, that doesn't mean that there aren't...
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PetMed Express Down Nearly 6% on Earnings Miss
Monday, July 18, 2011 - 10:37am | 45PetMed Express (NASDAQ: PETS) is down nearly 6% on the earnings miss this morning. The company reported Q1 EPS of $0.22 vs. $0.24 estimate and revenues of $73.6M vs. $74.1M estimate. PetMed Express is currently trading at $10.94, a loss of 5.50%
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Netflix in Talks with Potential Partners in Australia -The Australian
Monday, July 18, 2011 - 10:21am | 61Sources said Netflix (NASDAQ: NFLX) had been speaking with potential partners in the hopes of creating alliances in Australia. In some instances, potential partners were told Netflix hoped to begin operations in the next 12 to 18 months. Here is the full story.